Are you on a hunt for an easy to manage credit card that comes with zero annual fees and advantageous offers? There are so many credit cards to choose from that it can be hard to sort through them to find the right one. However, we can help you. The Santander Zero Credit Card may be able to answer your needs
This card hosts a variety of features that will help you save money. With zero foreign transaction fees on purchases made abroad in the local currency, this is a credit card that is great for travelling abroad. It is also a great card to use at home, with its generous cashback reward offers.
Before you make a decision about whether on or not this card is right now you, keep reading. In this article, we will tell you about the features and benefits of the Santander Zero Credit Card and how you can apply today.
Features of the Santander Zero Credit Card
With the aptly named Santander Zero credit card, zero has never sounded so good! This is what the card is all about:
- 0% interest on all purchases for 12 months from account opening
- 0% interest on balance transfers for 26 months from the time you open your account
- Zero foreign transaction fees on purchases made abroad in the local currency
- Zero cash withdrawal fees anywhere in the world
- Zero annual account fees
Not bad, right?
On top of this, you can enjoy up to 15% cashback at a variety of major retailers when you use your credit card in combination with retailer offers, a free service available through Online Banking. If you sign up for Retailer Offers within 60 days of activating your credit card you’ll also get 5 welcome offers! In addition, you can add up to 3 additional cardholders on the account, making it a good family card.
How to Apply for a Santander Zero Credit Card
Applying for the Santander Zero credit card is straightforward and should only take you 10 minutes to complete the whole process. First, you must be 18 years of age, a UK resident, have an income of £7,500+ per year and possess a good credit rating.
Do you tick these boxes? Then you can fill out your application online via the Santander website. If successful, the bank will determine your credit limit based on your credit rating and income. The average credit limit is approximately £1,200.
Using the Santander Zero Credit Card
With online and mobile banking capabilities, using and managing the Santander Zero credit card could not be easier. Cardholders can also opt to get text and email alerts about their accounts so that they never miss a thing. In addition, Santander will alert users when they are approaching their credit limit to help them avoid over-limit fees.
To avoid interest charges, cardholders must make the minimum payment on their account each month. After the introductory offers expire, the interest rate will be around 18.9% annually. This estimate will vary with individual circumstances.
Even in places that do not accept credit card payments, the Santander Zero credit card can prove itself useful. With the zero cash withdrawal fees anywhere in the world, you never have to worry about always carrying cash. The lack of a cash withdrawal fee is very uncommon amongst credit cards, making it a true perk of having this card. However, cardholders should note that the amount taken in cash withdrawals will start earning interest the day they are taken. Because of this, it is best to pay off cash withdrawals immediately.
If you are looking for a credit card that is easy to manage and doesn’t cost you anything in unnecessary fees, the Santander Zero Credit Card should be your number one choice. However, if you want more options to choose from, check out Santander’s other credit card offers.
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions under key document for more information.